News

Fidessa fragmentation analysis tools go global

Trading systems provider Fidessa has launched global market coverage for its fragmentation analysis tools, the Fidessa Fragmentation Index and the Fragulator.

Orc offers DMA access to SMX

Trading systems and connectivity provider Orc Software has introduced a new direct market access service to pan-Asian multi-product commodity and currency derivatives platform the Singapore Mercantile Exchange.

New BAML pairs algo added to RealTick EMS

RealTick, the operator of a global cross-asset execution management system, has added broker Bank of America Merrill Lynch's pairs trading algorithm to the list of tools available on its EMS.

SEC expands circuit breaker scheme

US regulator the Securities and Exchange Commission has approved new rules to expand its circuit breaker programme to include all constituents of the Russell 1000 index and certain exchange-traded funds.

Goodbye to the MTF Generation?

Falling equity trading volumes are threatening the business models of stock exchanges, multilateral trading facilities (MTFs) and dark pools.

Borsa Italiana takes over Italian SME market

Italian trading venue Borsa Italiana, part of the London Stock Exchange Group, has acquired a 94.4% share in Pro Mac, the management company of Italian small and mid-cap market Mercata Alternativo Del Capitale.

C.S. McKee joins Charles River IMS for FIX trading

US-based asset manager C.S. McKee has gone live on software provider Charles River's Investment Management System, allowing it to electronically access domestic liquidity through the firm's FIX-based network.

SocGen boosts UK equities team

French investment firm Société Générale Corporate & Investment Banking is expanding its UK cash equities team with the addition of two new hires to its London office.